Comparison of the CFDT’s demands and the management’s « generous » bonus:
CFDT Claim | Wage policy from 01/07/23 to 30/06/24 | Comments | |
GA | 8,9% in July | 2% en July (minimum 100€) | For non-managers, the « mini 100€ » is imposed by the 4.5% increase in the non-managerial minimum wage scale in the metallurgy sector and should be added to the budget dedicated to the GA |
IA | 3% in July | 1.9% in September Minimum 40€ and Minimum 80€ for non-managers | The reduction of the minimum for managers certainly makes it possible to increase the number of employees, but with an amount that is much lower than the inflation rate |
Specific budget | For promotions | 1.6% to cover the minimum of 100€ GA and 50% of the minimum of the new convention scale |
As bonuses are not considered as salary increase, they are not included in this table.
Even with all of the IAs, employees will suffer a loss of purchasing power exceeding 5%.
Inflation: INSEE consumer price index – Baseline 2015 – All households – France – All items excluding tobacco. Publication in the OJ
At the same time, the Management
– pays 1.2 billion euros in dividend (equivalent to 10% of the Airbus Group payroll)
– repurchases 1 billion euros of shares (equivalent to 8% of the payroll) to destroy them in order to artificially increase the share price and the associated dividends.
(Airbus SE – IFRS Consolidated Financial Information)
The company knows how to spend its money but obviously not on its employees!